Re: JNU 2011

Posted by Arushi1 on May 02, 2014; 11:28am
URL: http://discussion-forum.276.s1.nabble.com/JNU-2011-tp7588252p7588257.html

Even I think its 8.57%

The after tax profit is- .2(1-.3) = .14

And the real post tax rate will be- 1.14/ 1.05 = 1.08571

So the post-tax profit rate is 8.57 %

Vaibhav and Rongmon, please elaborate on your respective methods.
Thanks :)